Competition in the space. A weight loss drug promising competition for big players. Could it mean an acquisition is in the future. We will dive into it. Im melissa. Tim see more, Courtney Garcia and guy awe daumie. The nasdaq jumping more than a percent, notching the first record intraday high since before thanksgiving 2021. The techheavy index closing below 16,300. The s p also marking alltime highs putting in its 15th record close since january 1st, but there have been one notable name sitting out of the market rally. Apple posting another loss today and is now down nearly 10 since hitting its record in middecember. Whatever happened to that old idea that we like to say, bandy around here, that markets could not go higher without apple . What does it mean for the rally . Is this actually good news for the market, guys . Im one who adhered to that. Again we play the game often. Guy, if i told you that apple would be hold on. Is that a third person reference . Not the way i could have.
Australia. I am in sydney where markets have just come online. I am in hong kong counting down to asias trading open and the top stories this hour. U. S. Stocks lose esteem near record highs as traders race for data and fedspeak. Treasury yields rising after options of two and fiveyear notes. Haidi tumbling 37 on lower asset prices and 1. 5 billion in writedowns. Annabelle and china calls on australia to support entry into a transpacific trade block at the wto chief called for reform to revive global commerce. Haidi a cautious session is what we are setting up for this tuesday morning. This is the start of the staggered session coming online. Woodside will be one of the last segments to come online in alphabetical order. Woodside profits sliding on lower prices. We are expect in a bit of pressure on how the stock trades today. We had the 1. 5 billion in charges with earnings falling a cross 2023 as production increased to a record. Taking a look across the rest of the markets, we are s
What is going on . The once bulletproof market looking vulnerable. I send out a sos Phil Blancato is here, Dan Fitzpatrick on deck. Gas prices are starting too rise. Is this beginning of or the end . Tracy shuchart on this could go. What happened to the safe havens, folks. Everyone said Consumer Staples you couldnt lose. They should be the workhorses of any portfolio. That is back in april. Now theyre down big time. Nancy tengler here how to balance your portfolio in the more vulnerable days. You dont want to miss my takeaway on Government Data absolutely crushing the average american, not the data but the policies based on this faulty data. Wait until i give you the gdp of 2008 before and after. All that and so much more on making money. Charles all right, folks, another rough session and its getting to the point where those who kind of laugh at seasonality, you know, a lot of brainiacs, oh, seasonality, i think they will probably avoid walking under ladders or even throwing salt over
And doing work on the houses and the shop was full. So far, they are saying that four were killed and a couple of dozen wounded and so, i think for people here, its just another blow. The firefighters who went into the building have been incredibly busy this week because theres been other attacks on the central part of the city not long after the shop. President zelensky has said repeatedly that all of this proves the point that he keeps on Making Witches they need more effective air defences and for those, he is looking to his allies in europe and particularly, in the united states. Is caught this madness, the scene you described, exemplifies a typical weekend. Civilian existence, a diy store is civilian infrastructure and that should be protection under International Humanitarian law, have we heard anything from russia . Not that im aware of. Over the last weeks and months, ukrainians hit their side as well and they say they have lost civilians to attacks launched from Inside Ukraine
Getting a nice boost from earnings well talk to the ceo in a cnbc exclusive, coming up another day, another record for bitcoin. The cryptocurrency surpassing 15,000 for the First Time Ever bitcoin has more than doubled in the past month its moving in thousanddollar increments now every day at this pace, the journal this morning says the it would end the year above 2 million, at this pace. Well, i think that people have to recognize that bitcoin is not created in huge amounts you can mine bitcoin using some nvidia chips or some advanced microchips but theres just not a lot of supply almost minimal at the same time, i have never seen a level of discipline of the buyers you obviously cant they must be afraid to short this thing. But the buyers are not letting things go. I mean, typically, you bring out sellers when you have this kind of parabolic move. Where are the sellers . I dont know. If were going to continue to have the same conversation every day, i think you and i and were going t